Intraday Update 2
Resistance at 1711, 76.4% recent correction. Watch SOX 511 for any sign of weakness. ES finding resistance at 1313/1314, confluence of weekly R2 and monthly R1. Add call resistance for SPY in this zone and a short should be a decent odds trade here. Tight stops.
This entry was posted
on Wednesday, March 15, 2006 at 11:43 AM.
